jm2110, 100% agree with you.
the big boys just DO NOT want this to get past 50c, plain and simple.
trading in past hour or so makes that pretty clear.
was 144k buys at 49c, then bang, that was cleared out as were the buys at 48.5c
production could increase a further 50% next month it would still have no effect, fundamentals mean squat here.
it "seems" as if there is a never ending pile of sellers, although EVERYONE knows this is not the case.
no changes in substantial holdings, just ever increasing shorts(314k gross shorts yesterday) and the never ending washing of shares.
ASIC have been informed of this numerous times but the players at the table are just too big to take on, so average shareholders just sits here day in day out watching the same rubbish.
quite simply, what is their ultimate goal??
charts , page-6
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